Supply & Demand's effect on pricing does not follow supply and/or demand directly. Halving demand doesn't halve price; halving demand would knock price down below cost and put a third of suppliers out of business. Demand being reduced by 20% could easily cause price to drop 50%.
Don't forget that supply could have gone up too. That's not to say that the price decrease is entirely because of Supply & Demand; I don't know, but it's not beyond realism. |
Quote:
|
All times are GMT -8. The time now is 01:55 AM. |
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2024, vBulletin Solutions, Inc.